MIRA
INFORM REPORT
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Report Date : |
18.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
ORIGINAL GEMS,
INC. |
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Registered Office : |
22 West 48th St
Suite 1000, New York - 10036 |
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Country : |
United States |
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Date of Incorporation : |
03/03/1995 |
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Legal Form : |
Corporation –
Private |
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Line of Business : |
Retailer of
jewelry. |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION &
EXECUTIVE SUMMARY
Company Name: ORIGINAL
GEMS, INC.
Address: 22
WEST 48TH ST SUITE 1000
City: NEW YORK
State/Province: NEW
YORK
Zip Code: 10036
Country: UNITED
STATES
Telephone: 212
768-2036
Facsimile: 212
768-2039
As of:
Sales / Revenue:
Net Income:
Total Equity:
Number of
Employees: 1
Legal Form: Corporation
- Private
Website: www.originalgems.com
Business Activity: Retailer of jewelry.
NOTE TO CLIENT
Mr. Amet Birani,
President, declined to provide any information regarding the Subject. Thus,
general information contained in this report cannot be substantiated.
LEGAL
Legal Form: Corporation -
Private
Since (D/M/Y): 03/03/1995
State/Province of
Incorporation: NY
Status: ACTIVE
Previous Legal Form:
Company is NOT
required to publish an annual financial report.
NEW YORK SECRETARY
OF STATE:
Current Entity Name:
ORIGINAL GEMS, INC.
Initial DOS Filing
Date: MARCH 03, 1995
County: NEW YORK
Jurisdiction: NEW YORK
Entity Type: DOMESTIC BUSINESS CORPORATION
Current Entity
Status: ACTIVE
Selected Entity
Address Information DOS Process (Address to which DOS will mail process if
accepted on behalf of the entity)
ORIGINAL GEMS, INC.
22 WEST 48TH ST
RM 1000
NEW YORK, NEW YORK,
10036-1803
Chairman or Chief Executive Officer
AMIT BIRANI
22 WEST 48TH ST
RM 1000
NEW YORK, NEW YORK,
10036-1803
Principal Executive Office
ORIGINAL GEMS, INC.
22 WEST 48TH ST
RM 1000
NEW YORK, NEW YORK,
10036-1803
Registered Agent
NONE
Managers/Key
Personnel
Mr. Amet Birani President
AFFILIATED ENTITIES
The Company's
website reports no affiliates or subsidiaries.
BANKS
NY
Telephone:
Facsimile:
Account Number:
Account Manager:
Bank details were
declined by Management.
PAYMENT HISTORY
BUSINESS
DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY
REPTD SALE TERMS $
$ % 30
60 90 91+ COMMENTS
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
BANK
07-02 05-08 CONTRCT 110000
0 0 0
0 0 0 CUST 5 YR
BUS SERVCS 07-02 07-02 NET 30 0
0 0 0
0 0 0
OFFC SUPPL 07-01 01-08 CREDIT 1000
0 0 0
0 0 0
AIR TRANS
06-11 00-00 NET 30 0 0 0 0 0
0 0 CUST 1 YR
GENERAL
04-05 96-06 NET 30 0 0 0 0 0
0 0 CUST 8 YR
TELECOM
05-06 00-00 NET 30 100 100
100 0 0 0
0
CURRENT QUARTER 111000
0 0 0
0 0 0
FINANCIAL INFORMATION
Management declined
to provide any financial information and outside sources could not provide any
insight into the financial status of the Subject.
CURRENT OPERATIONS
NAICS Code: 44831
Jewelry Stores
SIC Code: 5944
Number of
Employees: 1
Business Activity:
Retailer of jewelry.
The headquarters and
sole location are at the above-noted address. The Company's website reports no
branch locations or divisions.
PUBLIC RECORD
A Nationwide search
of public and bankruptcy courts revealed no Uniform Commercial Codes, tax
liens, legal actions or bankruptcy filings under the Subject's name.
GENERAL COMMENTS
An established
Company, the Subject is engaged as a retailer of jewelry. Payment records, though limited, are considered
to be generally satisfactory and a search of public records and bankruptcy
courts returned no derogatory information or record of the Company filing a
bankruptcy petition.
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average/normal. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)